The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

BXP

Concerning the House

BXP, Inc. is the largest publicly traded developer, owner, and manager of premier workplaces in the United States. It is concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of June 30, 2026, including properties owned by joint ventures, BXP's portfolio totals 51.1 million square feet and 164 properties, including six properties under construction/redevelopment. BXP's portfolio consists of 143 office properties, 13 retail properties, seven residential properties (including four residential properties under construction) and one hotel. BXP is well known for its in-house building management expertise and responsiveness to clients' needs. BXP holds a superior track record of developing premium Central Business District (CBD) office buildings, successful mixed-use complexes, suburban office centers and build-to-suit projects for a diverse array of creditworthy clients. BXP actively works to promote its growth and operations in a sustainable and responsible manner. BXP, Inc. was incorporated in 1970 in Delaware and is based in Massachusetts, Boston.

United States · www.bxp.com

The Long Run

FY 2009–2026 · 18 years

LineLatestCAGRTrend
Revenue$872.15M-3.2%
Gross profit$506.01M-15.5%
Operating income$825.78M+11.9%
Net income$61.18M-3.1%
Cash from ops$156.47M-7.9%
Quotation

$69.18

+1.23 (+1.8%)

52w hi$75.56
52w lo$50.21
Vol842.84K
As ofAug 13
The Verdict

Hold

Our score +0.08

Short+0.44
Medium+0.04
Long-0.55

computed 2026-08-13

By the Numbers

BXP, Inc.

Real Estate · REIT - Office

Market cap$12.51B
Enterprise value$29.29B
Trailing P/E37.19x
Forward P/E33.07x
EV / EBITDA18.11x
P / S (ttm)3.92x
Profit margin9.3%
Return on equity5.3%
Revenue growth+3.7%
Earnings growth-23.2%
Debt / equity211.63
Risk Metrics
Beta vs SPX0.88
Corr SPX0.48
Annual vol29.5%
Annual ret+4.7%
Sharpe0.16
Max DD-43.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.05
Sector+0.04
Technical+0.27
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$68.23$69.42$68.13$69.18842.84K
Aug 12$67.85$68.26$66.94$67.95881.30K
Aug 11$68.56$68.60$67.35$67.491.38M
Aug 10$69.23$69.41$67.28$67.901.22M
Aug 7$69.39$70.04$68.72$69.71911.40K